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Top commercial sales of the week | Jax Daily Record

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval, Nassau and St. Johns counties. The sales were recorded Nov. 6-12, 2023.

United statesJacksonville beachGreen cove springsOrange parkNew providenceConniel michenerHogan settlementLakeview christian fellowship incKingsley ave fl ownerTamaya residentialNovu normandy residencesRehabilitation centerTamaya loan acquisitionJax construction holdingsAsset fl orange parkSea investors

Vestcor buys Arlington land for affordable apartments, Truist issues loan

The 240-unit Madison Palms is being built at Merrill Road and Interstate 295.

United statesBryan hooverVestcor companies incTruist bankBaptist churchJacksonville city councilLakeview christian fellowship incChristian ministry center incRealco recycling coSummit contracting group incMadison palms ltdVestcor companiesMadison palmsMerrill roadLakeview christian fellowshipMerrill road baptist church

Vestcor plans November construction for Madison Palms affordable apartments

The city issued permits Sept. 29 for the 240 units at Merrill Road and Interstate 295 in Arlington.

United statesRon salemBryan hooverJoyce morganCouncil viceDevelopment departmentBaptist churchJacksonville city councilSummit contracting group incChristian ministry center incVestcor companies incLakeview christian fellowship incVestcor companiesMadison palmsMerrill roadContracting group

Council approves rezoning for Vestcor affordable housing in Arlington | Jax Daily Record | Jacksonville Daily Record

The multifamily developer plans a $56.3 million, 240-unit apartment community at 8300 Merrill Road.

United statesBryan hooverJoyce morganRon salemArlington community redevelopment area boardCouncil landChristian ministry center incVestcor companies incJacksonville city councilGreater arlington beaches citizens planning advisory committeeDevelopment departmentZoning committeeCouncil viceBaptist churchJacksonville planning commissionLakeview christian fellowship inc

City Council approves $5 million loan for 240-unit Vestcor affordable housing project | Jax Daily Record | Jacksonville Daily Record

The developer says the public financing would help offset cost increases not covered by state low-income housing tax credits.

United statesBryan hooverKirk wendlandFlorida housing finance corpCouncil landChristian ministry center incVestcor companies incJacksonville city councilBold line designElementary schoolZoning committeeBaptist churchLakeview christian fellowship incOffice of economic developmentVestcor companiesMadison palms

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